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2007 March 30   11:45

Fesco intends to invest in Ilyichevsky terminal

Fesco Transportation Group and First Quantum are going to invest $52.048mln within the first stage of the Ilyichevsky Terminal modernization, as it was informed.
At the first stage the reconstruction of the port facilities, modernization of cargo equipment and infrastructure should be completed.
Due to the terminal reconstruction the processing will be raised 46.7%. By now $42.844mln were invested in the project.
Fesco Group involves Transgarant, Russian Troika (JV with RZHD), National Container Company, TIS Company, Inkotek, DalRefTrans.
The entities of the Group provides the cargo transportation by railway and automotive transport, processing of cargo at own termals and servicing of large oil companies.

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